TENNESSEE SELF-STORAGE FACILITY ACT
Tennessee Lien Law - Updated July 2020
SB 543/HB 1073 was passed in the General Assembly and was signed into law effective July 1, 2020
Though auctions will still need to be advertised, the new law allows the storage facility owner to advertise any sale of a tenant's personal property in a commercially reasonable manner. The new law recognizes that public notice to drive bidders to a sale now occurs from online auction sites, social media and from the use of the storage facility mailing lists. Of course, newspaper advertising would still be permissible, but the new law update removes the mandate of the old law that required the use of newspaper advertising.
Public Chapter 674 (SB543) Removal of Newspaper Requirements for Auctions - Effective 7.1.2020
Legislative Committee Update - Feb 2017 Legislative Update - TN Lien Law
Legislation initiated by the Tennessee Self Storage Association - SB 1293 (Southerland) and HB 1265 Sargent) - passed through both the House and Senate and was signed into law by Governor Bill Haslam on April 29, 2011.
The new law took effect on July1, 2011. PUBLIC CHAPTER NO. 131